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Friday 16 September 2011

World is on the brink of another Recession

World is on the brink of another Recession as Europe economy is under crisis and US economy is under lot of debt and they are facing stiff task to overcome that deep crisis, in US Jobs are getting reduced day by day. US President has given 447 billion dollars bailout of more jobs.India is also facing that heat of global economy slowdown. Inflation is no way of getting lower RBI Has increased 12 times repo rate in 18 months but inflation is not reducing at all with the result that IIP Data comes at 2 year low of 3.3%. Also India is griped with lot of corruption and scams in everyfield such as Mining, Telecom, Gas (RIL), Finance (LIC), commonwealth And you may still do not how many scams are waiting to come. So India economy may feel heat of everything, but as fundamentals are strong so India economy will grow at 8% after 2 or 3 quarters so keep investing in market for long term view in strong fundamentals stocks as Europe economy is under crisis and US economy is under lot of debt and they are facing stiff task to overcome that deep crisis, in US Jobs are getting reduced day by day. US President has given 447 billion dollars bailout of more jobs.India is also facing that heat of global economy slowdown. Inflation is no way of getting lower RBI Has increased 12 times repo rate in 18 months but inflation is not reducing at all with the result that IIP Data comes at 2 year low of 3.3%. Also India is griped with lot of corruption and scams in everyfield such as Mining, Telecom, Gas (RIL), Finance (LIC), commonwealth And you may still do not how many scams are waiting to come. So India economy may feel heat of everything, but as fundamentals are strong so India economy will grow at 8% after 2 or 3 quarters so keep investing in market for long term view in strong fundamentals stocks

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